Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI's Third Amendment Directions focus on Income Recognition and Asset Classification for Non-Banking Financial Companies to promote prudent financial management.
The RBI has introduced Second Amendment Directions for All India Financial Institutions focusing on Income Recognition and Asset Classification, enhancing asset management frameworks.
The RBI has issued amendments regarding Income Recognition and Asset Classification for Urban Cooperative Banks, reinforcing the framework for financial management.
The RBI has introduced the Third Amendment Directions for Income Recognition and Asset Classification for Rural Cooperative Banks, aimed at enhancing financial stability.
RBI has issued the Second Amendment Directions, 2026 regarding Income Recognition and Asset Classification for Regional Rural Banks, ensuring better management of stressed assets.
The RBI has introduced the Second Amendment Directions, 2026 for Local Area Banks regarding Income Recognition, Asset Classification, and Provisioning. These amendments are part of the continuous regulatory updates aimed at resolving stressed assets in financial institutions.
The RBI has circulated new guidelines regarding Special Rupee Vostro Accounts (SRVAs) aimed at facilitating international trade settlements in Indian Rupees. Authorised Dealer Category-I banks are urged to refer to previous circulars for comprehensive understanding.
The Kerala High Court upheld the practice of considering a parent's CIBIL score in education loan applications, reinforcing the current IBA and RBI framework.
The RBI has finalized and issued Prudential Norms related to Specified Non-Financial Assets (SNFA) following stakeholder feedback on the draft directions released earlier in 2026.
The RBI has concluded the VRR auction on July 17, 2026, with a total allocation of ₹75,003 crore against bids of ₹1,09,823 crore. The cut-off and weighted average rates were both set at 5.26%.
The Reserve Bank of India has announced a Second Variable Rate Repo auction on July 17, 2026, with a notified amount of ₹50,000 crore. The auction aims to address current liquidity conditions and is scheduled for a three-day tenor.
The Reserve Bank of India has levied monetary penalties on several co-operative banks for non-compliance with regulatory directives. This includes penalties on The Nawada Central Co-operative Bank and others for KYC-related lapses.